What a great opportunity to invest in real estate in Wyoming. Interest rates are at an all time low, and our market in Star Valley Wyoming is looking very optimistic. Read our blogs for tips on investing in real estate for sale in Wyoming.
During our monthly tracking, we have noticed that, generally speaking, real estate for sale in Wyoming is still holding strong.
Homes for sale in Wyoming Star Valley
June, 2008-346 homes for sale with an average list price of $475,000
February, 2009-272 homes for sale with an average list price of $466,500
Land for sale in Wyoming Star Valley
June, 2008-611 parcels of land for sale with an average list price of $245,000
February, 2009-527 parcels of land for sale with an average list price of $262,000
These numbers representing real estate for sale in Wyoming were gathered from our local MLS data and show that contrary to the National media portrayal of the real estate industry, confidence should still be strong in Wyoming Real Estate.
As we get information through the real estate in Wyoming sources, we would like to pass it on to our clients and customers in Wyoming Real Estate, as to give them them tools to plan and prepare for the future of investing in land or homes in Star Valley.
President Barack Obama rolled out a bold $75 billion, three-part plan to halt the soaring rate of mortgage foreclosures nationwide, one that seeks to encourage refinancing of homes now worth less than their mortgages and provides incentives for lenders to lower the debt load on struggling homeowners. This should help real estate in Wyoming, right?
President Barack Obama's new effort to use Wall Street rescue money to halt the soaring rate of mortgage foreclosures nationwide encourages refinancing of homes that are now worth less than their mortgages and provides incentives for lenders to lower the debt load on struggling homeowners. Some things seem so obvious that simple folks like me have started to question our own common sense. Like the idea that the best way to help the average American, who has lost 40% of the value of his retirement nest-egg and half the equity in his real estate, is to GIVE billions of our dollars to the people who caused this fleecing of America. Huh?
By last report, none of the money had made its way to where it is needed and where it was supposed to be headed. Banks gobbled up the money and refuse to disclose what they did with it; but, they, apparently, haven't been lending it. They won't say where it went and tell us they don't have to. They concluded with the statement that they really couldn't track it anyway because all revenue goes together and its source is unaccounted for.
Again, huh? If I got even just a single billion from somewhere, I'm sure the IRS would make me account for its source. But, a statement like that raises the even larger question-do these people know even the basics of business? You track where your money comes from so that you can do more of what is profitable and less of what is not. No wonder some are already coming back for more. And, one exec at Bank of America, John Thain, spent $1.2 million on drapes for his office. Drapes! Why aren't we marching in the streets? Luckily real estate in Wyoming and our agents are well accounted for!
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